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Old 11-10-07   #1
suman
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Default 10 Years of EXPO REAL

Europe´s Biggest Trade Fair for Commercial Property

More visitors, exhibitors from growth markets and more exhibition space – EXPO REAL, which took place in Munich from 8 to 10 October 2007, attracted 23,800 trade visitors from 77 countries. Compared to the last year, this 10th International Commercial Property Exposition recorded a 13-percent increase in visitor numbers. The rise in the number of visitors coming from abroad was even more marked – at 24 percent. “EXPO REAL is the biggest European real estate meeting point.
The top ten countries of origin among the visitors – after Germany – were: Great Britain, Netherlands, Austria, Switzerland, Czech Republic, Russian Federation, France, Poland, the US and Italy.

One of the key themes at the fair was sustainability in the property sector.

1,823 companies from 43 countries exhibited at EXPO REAL 2007. This was a rise of eleven percent as compared to the last year. In addition to the 23,800 visitors, some 15,000 representatives from the exhibiting companies were also present at the fair. This brings the total number of participants to over 39,000. For the first time the event took up six exhibition halls, covering 63,000 square meters of space. Companies from outside Germany accounted for over one third of this total. In comparison to 2006, EXPO REAL this year took up over 40 percent more space. “The rise in demand at EXPO REAL 2007 comes from the international spectrum – from Europe, Russia, the Middle East and the United States of America. We very much appreciate the global reach of the fair, which increases year by year,” said Frank Lamby, Board Member of Hypo Real Estate Holding AG, Germany.

Also commenting on the importance of EXPO REAL, James A. Fetgatter, Chief Executive of the Association of Foreign Investors in Real Estate (AFIRE) from the USA, added: “EXPO REAL is the gold standard of real estate trade fairs. The concentration of real estate business being conducted in one place at the same time would be difficult to duplicate: This is a must-attend conference for serious real estate investors.”

In the 100 or so individual events in the conference programmed accompanying EXPO REAL, 400 renowned experts discussed the latest developments in the property market, including the turbulence on the international finance markets as a result of the sub-prime mortgage crisis in the US, the recently introduced G-Reits and newly emerging markets such as India or Turkey.

The next EXPO REAL takes place from 6 to 8 October 2008 in Munich.

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